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Using official statistics in government analysis

Learn about using official statistics in government analysis, focusing on reliability, timeliness, and comparability. Explore how producers of statistics ensure accuracy, interpret developments, and improve data comparability between countries for effective decision-making.

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Using official statistics in government analysis

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  1. Using official statistics in government analysis

  2. The requirements of official statistics • Reliable • Timely • Comparable • Over time • Between countries

  3. Reliability – labour market statistics (1)

  4. Reliability – labour market statistics (2) • What should the producers of statistics do? • Document the reasons for the different developments • Help interpret the different developments

  5. Timeliness (1) • Fast statistics is desirable • There is a trade off between fast and accurate statistics • Slow statistics may be better than fast statistic with large revisions

  6. Timeliness (2)

  7. Comparability between countries • Will make benchmarking easier • Data not always comparable today • Key objective of international institutions in the future • United Nations • Eurostat

  8. Capital stock as percentage of GDP

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